$100k plus TCL? What’s Your Spend Per Month?

[crystal626]

---

@dfwxjer wrote:

---

@Vash1 wrote:

Why not the liquor store? Is there like an extra tax or something?

---

Most liquor stores in my area offer a 5% discount for debit. No reason to mess with rewards when I can see an immediate 5% savings. 

---

If stores around here started offering that much of a discount for using my debit card, I would definitely start using mine.

[ElvisCaprice]

---

@Vash1 wrote:

For those of you with 100k plus in total credit line, what's your average spend per month?

I'm at $84k TCL, and I want to get to 100k but eventually to 200k plus. 

---

     I'm also at 83k TCL and I don't want to get any higher, but probably will with new CC's.  Have no problem performing a CLD on a new account SL that exceeds my spend/utilization needs (5 of my current CC's have gotten this haircut, never a CLI).  At 13 cards now, all being used, no problem culling the herd for non use.  My spend is not more than 1k per month, organically.   MS can vary and add much more.  

     There is no reason to want or try for more CL/TCL.  Utilization is good across all individual accounts and TCL.  Have nothing to gain from more CL/TCL = excessive.  In fact, more to lose,  with auto non approvals for new account SUB churn.  Reason (want to avoid), too many accounts,  too much CL being non utilized or hitting the TCL cap that a specific issuer is willing to extend. 

     Fico score becomes meaningless on clean thick mature credit files (as far as for new CC applications).  It's all about the last 2 years worth of data.  New accounts & HP's

     I can't deposit excessive CL, CC's or FICO score into my checking account!  It's ALL about rewards $$, I can deposit.

[reluctantgarden]

---

@Vash1 wrote:

For those of you with 100k plus in total credit line, what's your average spend per month?

I'm at $84k TCL, and I want to get to 100k but eventually to 200k plus. 

---

$760k. $3-5k.

[DXness]

---

@Vash1 wrote:

For those of you with 100k plus in total credit line, what's your average spend per month?

I'm at $84k TCL, and I want to get to 100k but eventually to 200k plus. 

---

I just recently hit the $100K TCL threshold, am now at $105,500.  However, about half of this is business cards.  On the personal side, I am single and rather frugal, so I usually spend around $600-1,100 a month there.  On the business side, I usually spend around $4,000-5,000 a month depending on inventory turnover speeds.  Business spend has been increasing month-to-month as I grow and I am now technically spending more than my old stated income, but no issuer has made a peep about it yet.

Other than Capital One sending an account review notice, which can be opted out of in 30 seconds to keep the limit, low spend has not impacted my TCL in a negative manner so far and no CLDs.  That said, I only really go for CLIs during the SUB spending period when it's easier to justify needing a higher limit.  I'm probably destined to become a churner, so preserving more exposure capacity with a lender for future cards is more important to me than having higher limits on my existing ones.  I've never managed to spend more than $2,600 in one month on a personal card anyway.

[redpat]

---

@ElvisCaprice wrote:

---

@Vash1 wrote:

For those of you with 100k plus in total credit line, what's your average spend per month?

I'm at $84k TCL, and I want to get to 100k but eventually to 200k plus. 

---

     I'm also at 83k TCL and I don't want to get any higher, but probably will with new CC's.  Have no problem performing a CLD on a new account SL that exceeds my spend/utilization needs (5 of my current CC's have gotten this haircut, never a CLI).  At 13 cards now, all being used, no problem culling the herd for non use.  My spend is not more than 1k per month, organically.   MS can vary and add much more.  

     There is no reason to want or try for more CL/TCL.  Utilization is good across all individual accounts and TCL.  Have nothing to gain from more CL/TCL = excessive.  In fact, more to lose,  with auto non approvals for new account SUB churn.  Reason (want to avoid), too many accounts,  too much CL being non utilized or hitting the TCL cap that a specific issuer is willing to extend. 

     Fico score becomes meaningless on clean thick mature credit files (as far as for new CC's).  It's all about the last 2 years worth of data.  New accounts & HP's

     I can't deposit excessive CL, CC's or FICO score into my checking account!  It's ALL about rewards $$, I can deposit.

---

+1, done it w/ only 3 cards until I added premier card and 2 business cards.  

Business spend is the majority of my annual rewards.

[iced]

---

@Vash1 wrote:

For those of you with 100k plus in total credit line, what's your average spend per month?

I'm at $84k TCL, and I want to get to 100k but eventually to 200k plus. 

---

I have just over $100k ($110k maybe?) across 3 cards (plus an AmEx which is whatever I want it to be that month). Average spend for the last year is about $20k/month on the three with limits, though.

[Vash1]

---

@ElvisCaprice wrote:

---

@Vash1 wrote:

For those of you with 100k plus in total credit line, what's your average spend per month?

I'm at $84k TCL, and I want to get to 100k but eventually to 200k plus. 

---

     I'm also at 83k TCL and I don't want to get any higher, but probably will with new CC's.  Have no problem performing a CLD on a new account SL that exceeds my spend/utilization needs (5 of my current CC's have gotten this haircut, never a CLI).  At 13 cards now, all being used, no problem culling the herd for non use.  My spend is not more than 1k per month, organically.   MS can vary and add much more.  

     There is no reason to want or try for more CL/TCL.  Utilization is good across all individual accounts and TCL.  Have nothing to gain from more CL/TCL = excessive.  In fact, more to lose,  with auto non approvals for new account SUB churn.  Reason (want to avoid), too many accounts,  too much CL being non utilized or hitting the TCL cap that a specific issuer is willing to extend. 

     Fico score becomes meaningless on clean thick mature credit files (as far as for new CC applications).  It's all about the last 2 years worth of data.  New accounts & HP's

     I can't deposit excessive CL, CC's or FICO score into my checking account!  It's ALL about rewards $$, I can deposit.

---

Nice. Yes you're right it's all about the rewards at the end of the day. The only reason I want higher TCL is to leverage more in the business side.

[Vash1]

---

@reluctantgarden wrote:

---

@Vash1 wrote:

For those of you with 100k plus in total credit line, what's your average spend per month?

I'm at $84k TCL, and I want to get to 100k but eventually to 200k plus. 

---

$760k. $3-5k.

---

Wow.

[Vash1]

Really good data points thank you. Never thought about applying for a cli during spending for a SUB bonus. Will keep that in mind.

[Realist]

Everything goes onto a rewards type card, but as little as possible monthly.

This results in multiple free rooms annually just on point spend alone, and outside of every other free avenue we utilize.

Total credit limit is stupid - not worth mentioning.  Once you have enough, it's as plentiful as the air you breathe.  It just becomes a numbers game at that point.